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CU System
PCUA partners with Credit Union Student Choice
HARRISBURG, Pa. (7/28/09)--The Pennsylvania Credit Union Association (PCUA) has partnered with Credit Union Student Choice, a credit union service organization that provides private student lending services to more than 80 credit unions nationwide. Credit Union Student Choice currently works with eight credit unions in Pennsylvania. “As students and parents look to fund the gap between government-sponsored lending and the rising cost of higher education, the demand for private student loans continues to grow,” said Jim McCormack, PCUA president/CEO. “Coupled with the fact that the federal government is making broad changes to the federal student lending program and it is apparent that the student lending opportunity for credit unions falls in private student lending.” Credit Union Student Choice, launched in May 2008, also works with six credit unions to build custom graduate private student loan programs for several business schools nationwide--including the University of Pennsylvania.
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